New Delhi, Jan. 13 -- India's economic growth remains resilient despite global macro-economic challenges, with supportive domestic factors expected to aid a pick-up in growth going forward, highlighted a report by HSBC Mutual Fund.

The report stated that interest rate and liquidity cycle, decline in crude prices and a normal monsoon are all supportive of a recovery in growth momentum. It noted that while global uncertainties persist, India's overall growth outlook remains constructive.

It stated, "We believe India's growth remains quite resilient despite the global macro-economic challenges".

According to the report, global trade-related uncertainty continues to remain a near-term headwind for private capital expenditure. However, the ...